iShares MSCI Brazil ETF (NYSEARCA:EWZ) Shares Gap Up to $42.04

iShares MSCI Brazil ETF (NYSEARCA:EWZ)’s share price gapped up prior to trading on Friday . The stock had previously closed at $41.80, but opened at $42.04. iShares MSCI Brazil ETF shares last traded at $42.42, with a volume of 21,746,900 shares changing hands.

The firm has a fifty day moving average of $41.84 and a 200-day moving average of $42.17.

A number of large investors have recently added to or reduced their stakes in the business. Advisory Services Network LLC raised its position in shares of iShares MSCI Brazil ETF by 1,007.9% during the first quarter. Advisory Services Network LLC now owns 698 shares of the exchange traded fund’s stock worth $28,000 after purchasing an additional 635 shares during the period. QCI Asset Management Inc. NY raised its position in shares of iShares MSCI Brazil ETF by 876.8% during the second quarter. QCI Asset Management Inc. NY now owns 1,856 shares of the exchange traded fund’s stock worth $81,000 after purchasing an additional 1,666 shares during the period. Picton Mahoney Asset Management raised its position in shares of iShares MSCI Brazil ETF by 14.5% during the second quarter. Picton Mahoney Asset Management now owns 1,890 shares of the exchange traded fund’s stock worth $82,000 after purchasing an additional 240 shares during the period. Capital Investment Advisory Services LLC raised its position in shares of iShares MSCI Brazil ETF by 163.6% during the third quarter. Capital Investment Advisory Services LLC now owns 2,900 shares of the exchange traded fund’s stock worth $122,000 after purchasing an additional 1,800 shares during the period. Finally, Almanack Investment Partners LLC. acquired a new stake in shares of iShares MSCI Brazil ETF during the second quarter worth about $157,000.

About iShares MSCI Brazil ETF (NYSEARCA:EWZ)

iShares MSCI Brazil Capped Index Fund (the Fund), formerly iShares MSCI Brazil Index Fund, seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of publicly traded securities in the Brazilian market, as measured by the MSCI Brazil Index (the Index).

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